OC fund added to FirstWrap and Macquarie
OC Funds Management’s small and micro-cap fund, which offers investors an opportunity to invest in Australian and New Zealand companies with a market cap of less than $350 million, has been added to FirstWrap and Macquarie Wrap.
According to OC’s head of investments, Robert Frost, the inclusion of the fund to these platforms would provide the financial planner community with better access to “often under-researched companies at the smaller end of the market”.
“With around 1,800 businesses on the ASX [Australian Securities Exchange] with a market cap of less than $350 million, there is ample opportunity to find stocks that have the potential to deliver meaningful long-term capital growth,” he said.
At the end of June, the fund delivered investors 15.4 per cent, 14 per cent and 15.7 per cent over one, three and five years, respectively.
AUTHOR
Oksana Patron
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